Murphy USA Inc (MUSA) : Hightower Advisors reduced its stake in Murphy USA Inc by 15.05% during the most recent quarter end. The investment management company now holds a total of 401,861 shares of Murphy USA Inc which is valued at $25,349,392 after selling 71,221 shares in Murphy USA Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Murphy USA Inc makes up approximately 0.30% of Hightower Advisors’s portfolio.
Other Hedge Funds, Including , Fmr boosted its stake in MUSA in the latest quarter, The investment management firm added 12,118 additional shares and now holds a total of 827,324 shares of Murphy USA Inc which is valued at $52,187,598. Murphy USA Inc makes up approx 0.01% of Fmr’s portfolio.Liberty Mutual Group Asset Management boosted its stake in MUSA in the latest quarter, The investment management firm added 190 additional shares and now holds a total of 16,267 shares of Murphy USA Inc which is valued at $940,233. Murphy USA Inc makes up approx 0.03% of Liberty Mutual Group Asset Management’s portfolio.Diam Ltd. reduced its stake in MUSA by selling 6,895 shares or 21.22% in the most recent quarter. The Hedge Fund company now holds 25,603 shares of MUSA which is valued at $1,615,293. Murphy USA Inc makes up approx 0.03% of Diam Ltd.’s portfolio. Miller Howard Investments Inc Ny added MUSA to its portfolio by purchasing 59,637 company shares during the most recent quarter which is valued at $4,148,946. Murphy USA Inc makes up approx 0.08% of Miller Howard Investments Inc Ny’s portfolio. Acadian Asset Management added MUSA to its portfolio by purchasing 78 company shares during the most recent quarter which is valued at $5,391.
Murphy USA Inc opened for trading at $66.71 and hit $68.8 on the upside on Monday, eventually ending the session at $67.77, with a gain of 1.63% or 1.09 points. The heightened volatility saw the trading volume jump to 4,67,436 shares. Company has a market cap of $2,616 M.
On the company’s financial health, Murphy USA Inc reported $1.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.44 based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus of $1.60. The company had revenue of $3042.70 million for the quarter, compared to analysts expectations of $3253.95 million. The company’s revenue was down -10.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.4 EPS.
Murphy USA Inc. (Murphy USA) is a retail marketing company. The Company’s business consists of the marketing of retail motor fuel products and convenience merchandise through a chain of retail stations operated by it which are in close proximity to Walmart stores. Its retail stations are located in approximately 23 states in the Southwest Southeast and Midwest United States. Of these stations 1056 are branded Murphy USA and 207 are standalone Murphy Express locations. Its retail stations under the brand name Murphy USA participate in the Walmart discount program. Its Murphy Express branded stations are not connected to the Walmart discount program but are otherwise similar to the Murphy USA sites including the types of fuel and merchandise offerings available to its customers. Its business also includes certain product supply and wholesale assets including product distribution terminals and pipeline positions.